The nominal interest rate is 6 percent and the inflation rate is 3 percent.What is the real interest rate?
A) 9 percent
B) 2 percent
C) 18 percent
D) 3 percent
Correct Answer:
Verified
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Q213: The nominal interest rate is 5 percent
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Q219: Which of the following is correct?
A)The Continental
Q220: If the nominal interest rate is 8
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Q222: If a country experienced deflation,then
A)the nominal interest
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